Funding you earn now, next payment 06:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.026%
Price spread now: gTrade (Gains Network) against Orderly+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.042% dearer against Orderly than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 46 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_INJ_USDC | 7.5600 | 0.0100 | pay 0.0100% / 8h | 2h 46m | $34K | $94K | 10x |
| Short | gTrade (Gains Network) INJ/USD | 7.5632 | L +0.0007% / S −0.0027% | get 0.0003% / 1h | 46m 05s | $16K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.27
- Price spread: +0.042% → 0.000%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$27.06
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Orderly and gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INJ on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0214% | 1h | 7.5601 | +0.001% | $767K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5598 | −0.003% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5638 | +0.051% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5611 | +0.015% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USDshort | L +0.0007% / S −0.0027% | 1h | 7.5632 | +0.042% | $16K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5586 | −0.019% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDClong | +0.0100% | 8h | 7.5600 | long leg | $34K | $94K | 10x | |
| Hyperliquid INJ | +0.0100% | 1h | 7.5672 | +0.095% | $25.4M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5615 | +0.020% | $138K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5608 | +0.010% | $33.0M | $97.0M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5602 | +0.003% | $20.9M | $31.5M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5610 | +0.013% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5610 | +0.013% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5600 | 0.000% | $9.5M | $17.8M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5580 | −0.026% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5592 | −0.011% | $270K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5670 | +0.093% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5620 | +0.027% | $112K | $558K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5660 | +0.079% | $1.6M | $5.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5630 | +0.040% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5620 | +0.026% | $29.9M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5613 | +0.018% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5670 | +0.093% | $371K | $634K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5900 | +0.397% | $316K | $12.1M | 30x | as long as short |
gTrade (Gains Network) INJ/USD
Kraken Futures PF_INJUSD
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP